Notes

Strategy based on Bollinger bands-SMA and BB
cryptocurrency,

The approach primarily based on the Bollinger bands &8220;SMA and BB " presents investors with the possibility to trade at the every day and hourly chart of any asset. Only 2 simple indicators from the standard MetaTrader4 set are used:

Simple Moving Average, length 20 (SMA 20).
2 sets of Bollinger Bands &8211; deviation parameters 2 and three SD.
Installing those indicators will no longer take an awful lot of it slow. You can also follow a prepared-made template &8211; download SMA+BB here.

SMA+BB1



A unique function of this method is the simplicity and parameters of these fashionable indicators. Bollinger bands, in fact, are moving averages, but with their personal settings. It is the mixture of shifting averages with distinct parameters that lets in you to efficiently exchange in this strategy.

We propose buying and selling thru depended on Forex brokers-RoboForex or Alpari

Buy using a method based totally at the Bollinger bands &8220;SMA and BB&8221;
The final fee of the cutting-edge candle must be above SMA 20. We are speaking approximately the day by day chart.

In this example, we most effective open lengthy trades, i.e. following the trend.

Go to the hourly chart. We location 2 units of Bollinger Bands: for the primary set, it uses the deviation parameter of two SD, for the alternative-3 SD.

The Bollinger bands shape 2 zones &8211; internal and external. Internal &8211; shared through both units of bands. External &8211; shaped only by using a fixed with the deviation parameter 3 SD.

SMA+BB2



We are searching out moments when the price movements down (under the principle BB line), being particularly inside the external area. You want to await the charge to interrupt thru the border among the outside and inner zones from the lowest up and enter the marketplace to shop for at the opening of the next candle.

SMA+BB3



We vicinity StopLoss at the nearby minimum of + 5-10 factors. You also need to calculate the risk for a selected exchange (risk = trade opening fee &8211; StopLoss level).

TakeProfit. 50% of the position is closed at a take income set at a distance of 50% of the chance (if, say, the danger grew to become out to be 40 factors, then TakeProfit1 is about at a distance of 20 points).

After final 50% of the take earnings change, we pull the stop loss to breakeven. Then you may use a trailing stop or near the alternate manually while the fee rolls backpedal.
Website: https://xsignals.one/p/xsignals-and-binance-profit-on-simple-strategies?utm_source=guestpostrx